Month: July 2026
Peak XV leads Rs 350 crore funding round in wealth manager Neo Group
Wealth and asset management firm Neo Group has signed definitive agreements to raise about Rs 350 crore ($36.3 million) in a funding round led by…
Indian state-run banks estimate $30 bln flow from overseas deposit scheme, sources say
MUMBAI: Indian state-run lenders have told senior government officials they expect to raise nearly $30 billion through the central bank’s subsidised dollar deposit window, five…
US Senate bill seeks 100% tariffs on India, 4 other nations for buying Russian oil
A bill seeking to impose 100 per cent tariffs on five countries, including India and China, for buying Russian oil, while exempting European nations purchasing…
US less reliable? India may need to open the door wider to the Dragon
India should reconsider its economic approach towards China and allow more Chinese investment into its manufacturing sector as changing global trade dynamics make the US…
Iran war and monsoons key risk for Indian economy, says RBI Governor Sanjay Malhotra
India’s inflation remains elevated, with ongoing tensions in the Middle East and prospects of a weak monsoon season seen as key risks for the economy,…
India to launch headline Index of Services Production within months
India plans to roll out a headline Index of Services Production within months, the country’s statistics secretary said, giving investors a single monthly gauge of…
FAI hails Cabinet nod to NIPU-2026, calls it a major boost to fertiliser self-reliance
The Fertiliser Association of India (FAI) hailed the Union Cabinet’s approval of the National Investment Policy for Urea-2026 (NIPU-2026), calling it a significant step towards…
India smartphone shipments tumble by 10% as affordable phones become more expensive
India’s smartphone market is facing a combination of headwinds driven by smartphones becoming more expensive across segments, and a weakening consumer demand as well as…
JPMorgan says 100+ MNCs are exploring GIFT City operations
India’s GIFT City is what many multinationals are excited about as JPMorgan Chase & Co. said more than 100 such companies have approached the Wall…
Microsoft’s tactics with Edge face renewed scrutiny over browser choice
Even though Microsoft attempts to focus on an artificial intelligence (AI) conversation that also includes the Edge web browser, industry bodies and researchers are calling…